Ethereum is not Bitcoin 2.0 – it is much more than that. Imagine building The Matrix. Lots of moving parts, and tonnes of effort to get there. If you focus on the attacks and other challenges, you are completely missing the big picture – Ethereum looks, sounds, and works too much like the future. Read up the Ethereum use cases – don’t you feel like you are getting a solid peek into the future? Would any of us want to bet against something that is SO close to how we all think the future will look like? With Oracles and Smart contracts and Merkle trees and Proof of Stake and all that stuff – it is one right thing after the other?

Sometimes we tend to deny obvious things. Like this one – Bitcoin would be the Gold of the future, and Ether would be the oil.

While there are alternative stores of value, Gold has been the most preferred in today’s world, and Bitcoin would be the most preferred in the future.

While there are alternative energies that exist today, oil is, well, oil. While there can be alternative networks and their corresponding ‘fuel’ currencies to run the networks of the future, Ethereum would be the most preferred P2P network, and hence Ether would be the most popular ‘fuel’.

Bitcoin would be the Gold and Ether the oil of the P2P future that we are all moving towards. It is actually as simple as that.

Ethereum looks, sounds, and works too much like the future. Rome wasn’t built in a day, but they were laying bricks every hour.Rome turned out to be beautiful. To build Ethereum, folks are laying bricks every minute. Ethereum will be beautiful too!

For Interesting Statistics Everyday, Find Statspotting on Facebook and Follow Statspotting on Twitter

]]>http://statspotting.com/income-determines-university-choices/India is huge on WhatsApphttp://feedproxy.google.com/~r/statspotting/~3/pEEOxYX3Ly8/
Fri, 06 Jan 2017 16:52:28 +0000http://statspotting.com/?p=8244Billions of messages sent by Indians on WhatsApp

]]>http://statspotting.com/large-number-unwanted-christmas-gifts-returned-today/Apple App Store Had A Great Year In 2016http://feedproxy.google.com/~r/statspotting/~3/Pb75RsssAN4/
Thu, 05 Jan 2017 16:19:05 +0000http://statspotting.com/?p=8236Pokemon Go and Super Mario had a significant impact

]]>http://statspotting.com/fed-rate-hike-quoted-reasons-not-supported-facts/VC Investments in AI: The Newer New Thinghttp://feedproxy.google.com/~r/statspotting/~3/7NX84nI02vM/
Tue, 20 Dec 2016 20:18:52 +0000http://statspotting.com/?p=8223VC Investments into AI companies are up significantly this year